While the nonprofit sector is the third largest private employer in the U.S., the sector lost 1.6 million jobs during the pandemic. 2) Maintaining public trustOne of the most pressing issues impacting the health of the nonprofit sector is maintaining public trust. 4) Donor retention will be critical to fundraising successWhile finding new donors is essential, long-term sustainability will require making donor retention equally important. Independent Sector is working to advance the Nonprofit Sector Strength and Partnership Act to establish a White House office for Nonprofits, help government and nonprofit sector work together more effectively, and increase access to data about the nonprofit sector. This includes giving nonprofits a seat at the table when federal policies are being made.
Source: Forbes January 21, 2023 12:46 UTC